1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AfilCa [17]
4 years ago
7

Why does some inflation help people who owe debt?

Social Studies
1 answer:
mrs_skeptik [129]4 years ago
3 0

Answer: A. dollars are worth less and easier to pay

If someone borrows money before inflation kicks in, then the debt would be easier to pay back because the person would earn more (due to higher wages) and be able to pay off the debt faster. This is of course assuming the person pays off the debt as quickly as possible, and does not get distracted with other purchases.

In general, inflation eats at the purchasing power of money. The more money there is in circulation, the less a dollar can purchase. So this is why the value of the dollar goes down.

You might be interested in
Dé un ejemplo de una decisión gubernamental que se clasifique como política​
ozzi

Answer:

democratic, hybrid and authoritarian

Explanation:

8 0
3 years ago
How does the industrial revolution impact the oil industry?
WITCHER [35]
It helped increase the oil industry i hope this helps and if its the answer your looking for award me the brainliest.
7 0
3 years ago
"The majority, oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest br
laila [671]

Answer:

The statements both relate to the quote above and supports it is "C."

The rule of the majority with protection for the minority's rights is essential for preserving the liberties of all.

Explanation:

<em>"The majority, oppressing an individual, is guilty of a crime, abuses its strength, and by acting on the law of the strongest breaks up the foundations of society."—Thomas Jefferson.</em>

<em>The statement depicts that if the majority uses its numerical strength to oppress the individual, it violates the principles of</em> "Civil Liberties," and "democracy,"<em> which the foundation of the society. </em>

<em>Unfortunately, nowadays, the situation of intimidation and depravity of civil rights of individuals are the hallmark of the society with coercing and chauvinised treatment of the less-privileged.</em>

6 0
3 years ago
A child will not obey her mother. when threatened with punishment, she swears, throws things, and threatens to break everything
Solnce55 [7]

Answer:The answer is oppositional defiant disorder

Explanation:

7 0
3 years ago
The government has been considering doing away with minting pennies because they are rarely used for purchases (with most people
nevsk [136]

Answer:

Prices have increased over time, and it would take far too many pennies to buy anything of value

Explanation:

Going by the fact that the value of pennies is fast declining, there is no longer value in holding them; hence the reason most people collecting them are throwing them away.

5 0
3 years ago
Other questions:
  • Which did Mayor Ivan Allen NOT do in his quest to end discrimination in Atlanta?
    10·2 answers
  • Who has the symbol of peace
    15·1 answer
  • The Dmanisi findings suggest that the first hominins to leave Africa carried with them a typical African ____________stone cultu
    9·1 answer
  • How did the Nathan’s Fourth of July Hot Dog Contest begin?
    7·1 answer
  • Barb and frank recently adopted twin girls. the four of them live together in the suburbs. this constitutes what sociologists wo
    8·2 answers
  • A woman has difficulty concentrating on her job because she keeps worrying about things like leaving the door unlocked or the ta
    10·1 answer
  • This is a map depicting the geographic regions of Georgia.
    10·2 answers
  • The Great Lakes region of Canada is dominated by the ______ industry.
    10·2 answers
  • If WW2 had a different outcome, how would it have changed history?
    5·1 answer
  • America wanted the "Louisiana Purchase" because they wanted access to ...
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!